International Journal of Academic Research in Business and Social Sciences

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Commodity Murabahah Contract in Microcredit Financing

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Microcredit financing has play a vital role in development of household income in urban area. In Malaysia, one of the institution which offering microcredit scheme for small entrepreneur is Amanah Ikhtiar Malaysia known as AIM. This type of microcredit financing has been offered to the women only. Before they can acquire the financing, they should be a member of AIM with regarding to the term and condition stipulated by the management of AIM. Nowadays, AIM has been applied an Islamic contract known as Commodity Murabahah. Thias article is focus on the application of Commodity Murabahah in microcredit which practiced by the members of AIM (sahabat). The sources of data and information for the article is getting from the interview with the management of AIM and related documents. Hopefully, the findings will giving the prudent understanding about performing Commodity Murabahah contract and make AIM as foremost institutional which offering Shariah Compliant financing.
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In-Text Citation: (Tahir, Yusuf, & Rahman, 2018)
To Cite this Article: Tahir, R. M., Yusuf, S. M., & Rahman, S. A. (2018). Commodity Murabahah Contract in Microcredit Financing. International Journal of Academic Research in Business and Social Sciences, 8(5), 1007–1014.